EUR/USD: "V-Top" pattern

EUR/USD: "V-Top" pattern

28-8-2017-EUR-H4.png

The last "Pennant" has been broken, so bulls pushed the price higher. Also, we've got a "V-Top" pattern, so the price is consolidating. In this case, the market is likely going to test the nearest support at 1.1892 - 1.1875. If a pullback from these levels happens, there'll be an opportunity to have another bullish price movement.

28-8-2017-EUR-H1.png

There's a "V-Top" pattern, which has been confirmed. However, bulls are likely going to test the last local high during the day. If we have a pullback from this level, bears will probably try to achieve the closest support at 1.1892 - 1.1875.

eur

Similar

EUR/USD: bullish wave [iii]

There's a pullback from 4/8 MM Level, so the price is rising. It's likely that we're going to have bullish wave...

Popular

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later